The housing market in 34238 Sarasota, FL is thriving right now. The median value of homes in this zip code is $565,800, which is significantly higher than the US house median value of $338,100. In addition to the high median values, the area also saw a one-year appreciation rate of 23.37%, which is much higher than the national rate of 8.27%. Clearly, the housing market in 34238 Sarasota, FL is doing well and is an attractive option for potential buyers ready to invest in real estate.
The median home cost in Sarasota (zip 34238) is $565,800. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Sarasota (zip 34238) is up 31.2%.
Average Age of Homes
- The median age of Sarasota (zip 34238) real estate is 22 years old
The Rental Market in Sarasota (zip 34238)
- Renters make up 18.3% of the Sarasota (zip 34238) population
- 1.9% of houses and apartments in Sarasota (zip 34238), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.